Cherie Julianne Tan

Marketing at MoneyOwl

18 Apr 2019

∙

What are your plans with your CPF savings after reaching 55 years old?

I am not sure if it is possible to withdraw everything and leave behind the basic or full retirement sum but if it is possible, would you do so? Or would you leave your savings in your CPF to compound the interest?

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Loo Cheng Chuan

07 Nov 2018

Founder at 1M65 Movement

Leave money inside and let it compound! I will leave to funds to snowball and grow all the way beyond 65, 70 - and I will withdraw it only when I need it. The interest rates are very high and CPF is very stable. I will keep the funds inside for as long as I can to let it grow exponentially.

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